NOT LISTED FOR SALE

388 Mcfarland Dr Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $153,000 - $175,000

4 Beds
2 Baths
869 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $150,500 $173 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $954/month

About This Home

As of January 2023

Coming Soon! This newly renovated home features four spacious bedrooms and two updated bathroom. You'll enjoy the hardwood flooring throughout as well as its upgraded lighting package, kitchen cabinets with plenty of storage, central heating and air and many more upgraded features!

Last Agent to Rent the Property

James Wachob

Foundation Property Management License #294924 Listed on: 10/18/2022

Foundation Property Management

Last Renter's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 10/18/2022

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 88x123

Interior Spaces

  • 869 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Lakeview Gardens Section D Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 766A
  • MAAR Subdivision Name: LAKEVIEW GARDENS SECTION D
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.5
  • Estimated Sq Ft: 869
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 33
  • Acreage: 0.24
  • Lot Size: 88X123
  • Price Per Acre: 5417

Multi Family

  • Number Of Rooms: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Gandhi Anika
Bought by
Diya Investments Llc
Current Estimated Value
$165,026

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 29, 2022
Sold by
Williams Realty & Investments Llc
Bought by
Gandhi Anika
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
Sold Price
$1,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$112,875
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2022
Sold by
Bryan Williams
Bought by
Williams Realty & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2022
Sold by
County Of Shelby
Bought by
Williams Bryan

Purchase Details

Closed on
Jan 28, 2000
Sold by
Ray Lee Investment Company Inc
Bought by
Williams Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,832
Interest Rate
8.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 1999
Sold by
Le Louis and Le Marie
Bought by
Ray Lee Investment Company Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diya Investments Llc -- None Listed On Document
Gandhi Anika $150,500 --
Williams Realty & Investments Llc -- Apperson Crump Plc
Williams Bryan $7,200 None Listed On Document
Williams Stephanie $37,500 --
Ray Lee Investment Company Inc $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gandhi Anika $112,875
Previous Owner Williams Realty & Investments Llc $95,000
Previous Owner Williams Stephanie $37,832
Closed Williams Stephanie $2,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Rented $1,300 0.0% --
11/29/2022 11/29/22 Sold $150,500 0.0% $125 / Sq Ft View Prior Sale
10/18/2022 10/18/22 For Rent $1,300 0.0% --
09/22/2022 09/22/22 For Sale $150,500 -- $125 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $903 $41,575 $2,575 $39,000
2024 $903 $26,650 $1,800 $24,850
2023 $1,623 $26,650 $1,800 $24,850
2022 $0 $0 $0 $0
2021 $130 $1,800 $1,800 $0
2020 $130 $1,800 $1,800 $0
2019 $159 $4,975 $1,800 $3,175
2018 $159 $4,975 $1,800 $3,175
2017 $163 $4,975 $1,800 $3,175
2016 $332 $7,600 $0 $0
2014 $332 $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Landlord's Agent in 2023

    James Wachob

    Foundation Property Management

    (901) 633-1484

    68 in this area

    634 Total Sales

    James Wachob
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10136313

Memphis Area Association of REALTORS®

APN: 07-5248-0-0012

Tennessee Shelby County Memphis 38109 Whitehaven

388 Mcfarland Dr, Memphis, TN

This home is located at 388 Mcfarland Dr, Memphis, TN 38109 since 18 October 2022 and is currently priced at $165,026. This property was built in 1960. 388 Mcfarland Dr is a home located in Shelby County with nearby schools including Geeter School, Freedom Preparatory Academy Charter Elementary School - Westwood Campus, and Freedom Preparatory Academy Westwood Elementary at Parkrose.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes